What is BSE Ltd's market cap?

BSE Ltd (BSE) has a market capitalization of ₹1.65 Lakh Cr.

What sector is BSE in?

BSE Ltd operates in the Capital Markets — Broking & AMC sector.

What is BSE's return on equity?

BSE Ltd has a return on equity (ROE) of 42.1%.

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BSE Ltd (BSE) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

BSE Ltd

BSE

Capital Markets — Broking & AMCFinancial Serviceshttp://www.bseindia.com/

₹4,164.60

+₹37.60 (+0.91%)|MCap ₹1.65 Lakh Cr

As of 16 Jun 2026 (End of Day)

52W Low ₹2,021.5052W High ₹4,446.80

BSE Ltd. operates a securities exchange, which engages in the provision of a platform for trading in equity, currencies, debt instruments, derivatives, and mutual funds. The company is headquartered i

Secular Currents

Theme Connections

Fintech Penetration Digital Payments Wealth Management

Intelligence Profile

TSF Score

68/100

The Vitals · Company Health

Health Indicators

Shenanigan Score

5Clean

Trust Score

X-Ray

Concerns

No significant concerns identified

Watch

Nothing flagged for monitoring

Strengths

🟢Strong return on equity (42.1%)Business
🟢Efficient capital deployment (ROCE: 43.1%)Business
🟢Good profitability (Net margin: 49.4%)Business
🟢Healthy revenue growth (55.3% CAGR 3yr)Business
🟢Low leverage (D/E: 0.00x)Business
🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

ROE

42.1%

Revenue Growth 3yr

55.3%

Debt/Equity

0.00x

₹1.63 Lakh Cr

The Narrator · StoryTel Intelligence

FY2025Capital Markets — Broking & AMCProduct Sales ModelModel:Revenue = Trading Volume × Brokerage Yield + AUM × Management Fee + Advisory Fees + Interest on Margin Funding

Key Insight

“Operates in Capital Markets — Broking & AMC.”

The Revenue Story

₹2,957 Cr revenue.

Total Income₹3,236 Cr

Revenue₹2,957 Cr(91.4% of Total Income)

Other Income₹279 Cr(8.6% of Total Income)

The Cost Story

COGS 0.0%, employees 8.0%.

EBITDA₹1,779 Cr(53.1%)

Other Expenses₹1,221 Cr(36.5%)

Employee₹237 Cr(7.1%)

Depreciation₹113 Cr(3.4%)

0.7%EBITDA Margin

EBITDA

53.1%

Other Expenses

36.5%

Employee

7.1%

Depreciation

3.4%

Key Metrics

ROE

42.1%

vs median 12.1%

ROCE

43.1%

vs median 13.9%

Net Margin

49.4%

vs median 26.4%

EBITDA Margin

66.6%

vs median 43.4%

Debt To Equity

0.00x

vs median 0.04x

Rev Growth 3yr

55.3%

vs median 18.1%

EPS Growth 3yr

108.7%

vs median 18.3%

Forward View · Management Guidance

FINANCIALQ2FY26— 1High Impact

“equity derivatives premium turnover nearly doubling to 4.31 lakh crores, equity derivatives contract settled surged six fold to 1.26 crores”

FINANCIALQ2FY26— 1High Impact

“colocation revenues grown from 27 crores to 46 crores this quarter. Main reason is more RAS and throttle charges implemented since 07/01/2025”

FINANCIALQ2FY26— ManagementHigh Impact

“clearing charges income of ICCL is around 32 crores this quarter. Full impact will be realized in coming quarters”

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

Capital Markets — Broking & AMC

KPI	Company	Sector Median
ROE	42.1%▲	12.1%
ROCE	43.1%▲	13.9%
Net Margin	49.4%▲	26.4%
EBITDA Margin	66.6%▲	43.4%
Debt To Equity	0.00x▼	0.04x
Rev Growth 3yr	55.3%▲	18.1%
EPS Growth 3yr	108.7%▲	18.3%

The Market · What is the market saying?

Market Signals

The Antenna · Media Intelligence

Media Signal

Low Impact

The Numbers · Show me the data

Financials

No valuation data

Historical valuation data not available.

Financials

Revenue₹4,118 Cr

PBT₹2,825 Cr

EPS₹218.18

(₹ Cr)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	₹4,118 Cr +39.2%	₹2,957 Cr +112.8%	₹1,390 Cr +70.4%	₹816 Cr +9.7%	₹743 Cr +48.2%	₹501 Cr +11.3%	₹451 Cr +0.0%	₹450 Cr
Other Income	₹327 Cr +17.1%	₹279 Cr +22.4%	₹228 Cr +64.6%	₹138 Cr +15.0%	₹120 Cr -21.5%	₹153 Cr -14.6%	₹179 Cr -24.3%	₹237 Cr
Total Income	₹4,444 Cr +37.3%	₹3,236 Cr +100.0%	₹1,618 Cr +69.6%	₹954 Cr +10.5%	₹864 Cr +31.9%	₹655 Cr +3.9%	₹630 Cr -8.4%	₹687 Cr
	₹1,620 Cr +3.1%	₹1,571 Cr +42.7%	₹1,101 Cr +55.9%	₹706 Cr +17.6%	₹600 Cr +13.1%	₹531 Cr -4.1%	₹553 Cr +13.9%	₹486 Cr
Profit Before Tax	₹2,825 Cr +69.6%	₹1,666 Cr +80.3%	₹924 Cr +272.4%	₹248 Cr -5.7%	₹263 Cr +140.4%	₹109 Cr +0.5%	₹109 Cr -42.2%	₹188 Cr
	₹722 Cr +67.4%	₹431 Cr +92.6%	₹224 Cr +144.4%	₹92 Cr +11.3%	₹82 Cr +657.4%	₹11 Cr -26.9%	₹15 Cr -36.3%	₹23 Cr
Net Profit	₹2,185 Cr +65.3%	₹1,322 Cr +71.4%	₹772 Cr +275.2%	₹206 Cr -16.0%	₹245 Cr +72.9%	₹142 Cr +17.5%	₹121 Cr -39.5%	₹199 Cr
Profit (Owners)	₹2,194 Cr +65.5%	₹1,326 Cr +70.3%	₹778 Cr +252.7%	₹221 Cr -13.2%	₹254 Cr +75.5%	₹145 Cr +18.5%	₹122 Cr -38.6%	₹199 Cr
Minority Interest	(₹9 Cr) -141.5%	(₹4 Cr) +47.0%	(₹7 Cr) +55.2%	(₹15 Cr) -59.8%	(₹9 Cr) -193.8%	(₹3 Cr) -92.8%	(₹2 Cr)	₹0.00 Cr
Other Comprehensive Income	₹15 Cr +193.0%	₹5 Cr +56.1%	₹3 Cr -83.9%	₹20 Cr +212.1%	₹6 Cr ↑ Recovery	(₹0.23 Cr) ↓ Decline	₹11 Cr +57.7%	₹7 Cr
EPS	₹218.18	₹473.15	₹241.50	₹48.72	₹52.03	₹31.43	₹27.16	₹33.63
Diluted Shares	₹41 Cr	₹3 Cr	₹3 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹6 Cr
Profit Or Loss Of Associates	₹70 Cr -15.1%	₹83 Cr +15.0%	₹72 Cr +45.9%	₹49 Cr -23.3%	₹64 Cr +48.7%	₹43 Cr +61.9%	₹27 Cr -8.8%	₹29 Cr
Profit Loss From Discontinued Operations After Tax	₹13 Cr +139.2%	₹5 Cr	₹0.00 Cr	₹0.00 Cr	₹0.00 Cr	₹0.00 Cr	₹0.00 Cr -100.0%	₹5 Cr